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Master of Commerce

COMM13MV2

Faculty:
Faculty of Business and Economics
Award:
Master of Commerce (MCom)
Admission Requirement:
Admission requirements vary depending on the specialisation chosen. Please refer to the relevant specialisation for details.
English Language Proficiency:
IELTS of 6.5 overall with minimum 6.0 in each band, or equivalent
Study Mode:
Full-time, Part-time
Attendance Mode:
Internal
Candidature Length:
Full-time: 1 year - 2 years depending on RPL granted
Commencement:
Session 1 at North Ryde (Domestic, International)
Session 2 at North Ryde (Domestic, International)
Volume of Learning:
Equivalent to 2 years
General requirements:
Minimum number of credit points 64
Minimum number of credit points at 600 level 16
Minimum number of credit points at 800 level or above 48
Minimum number of credit points at 800 level or above designated as Commerce 44
Completion of other specific minimum requirements as set out below

In order to graduate students must ensure that they have satisfied all of the general requirements of the award.

Specific minimum requirements:

Credit points

600 level

Required
16cp from
 
Principles of Accounting (4)
 
 
Intermediate Financial Accounting (4)
 
 
Intermediate Managerial Accounting (4)
 
 
Business and Corporation Law (4)
 
 
Quantitative Methods (4)
 
 
Stochastic Methods in Finance and Insurance (4)
 
 
Statistical Modelling in Finance and Insurance (4)
 
 
Principles of Finance (4)
 
 
Mathematical Modelling (4)
 
 
Financial Statement Analysis and Modelling (4)
 
 
Work, Organisation and Management (4)
 
 
Intermediate Microeconomics (4)
 
 
Intermediate Macroeconomics (4)
 
 
Econometrics and Business Statistics (4)
 
 
Economic Analysis (4)
 
16
Introduction to Marketing Management (4)
 

800 level

Required
4
Contemporary Business Issues (4)
 
Required
either
or
 
1 specialisation and 24cp at 800 level or above
44
2 specialisations and 4cp at 800 level or above
Specialisations:
Additional Information
AQF Level Level 9 Masters by Coursework Degree
CRICOS Code 083782M
Overview and Aims of the Program The Master of Commerce degree delivers a flexible, career-oriented and relevant postgraduate business education in a range of disciplines. It is designed to meet employer needs and provides graduates with the capabilities for careers in the business professions.

Choose either one or two specialisations from Accounting, Actuarial Studies, Business Management and Organisations, Corporate Governance, Economics, Finance, Financial Crime and Governance, Human Resource Management or Marketing. A wide range of electives are available to broaden or deepen knowledge.
Graduate Capabilities

The Graduate Capabilities Framework articulates the fundamentals that underpin all of Macquarie’s academic programs. It expresses these as follows:

Cognitive capabilities
(K) discipline specific knowledge and skills
(T) critical, analytical and integrative thinking
(P) problem solving and research capability
(I) creative and innovative


Interpersonal or social capabilities
(C) effective communication
(E) engaged and ethical local and global citizens
(A) socially and environmentally active and responsible

Personal capabilities
(J) capable of professional and personal judgement and initiative
(L) commitment to continuous learning

Program Learning Outcomes By the end of this program it is anticipated you should be able to:

1. demonstrate an advanced level of theoretical knowledge in their chosen specialisation(s)
2. demonstrate the ability to apply advanced technical skills, and where relevant, professional technical competence and standards in their chosen specialisation(s)
3. demonstrate an ability to identify relevant research method and principles applicable in their chosen specialisation(s)
4. demonstrate the ability to apply creative and innovative strategies to appraise and synthesise complex problems in a discipline
5. demonstrate the ability to conduct independent research to recommend appropriate solutions to complex business problems
6. demonstrate an understanding of recent developments and issues in a discipline and professional practice
7. demonstrate an awareness for the need for corporate social responsibility and ethical behaviour
8. demonstrate effective written communication of complex ideas and business challenges
9. demonstrate effective oral communication of complex ideas and business challenges
10. demonstrate effective communication of complex ideas and business challenges to specialist audience
11. demonstrate effective communication of complex ideas and business challenges to non-specialist audience
12. apply teamwork knowledge and skills for effective collaboration to achieve diverse purposes in a range of contexts (E).
Recognition of Prior Learning

Macquarie University may recognise prior formal, informal and non-formal learning for the purpose of granting credit towards, or admission into, a program. The recognition of these forms of learning is enabled by the University’s Recognition of Prior Learning (RPL) Policy (see www.mq.edu.au/policy) and its associated Procedures and Guidelines. The RPL pages contain information on how to apply, links to registers, and the approval processes for recognising prior learning for entry or credit.

Domestic students
For undergraduate RPL information visit www.goto.mq.edu.au/nonschoolrpl
For domestic postgraduate RPL information visit www.goto.mq.edu.au/pgrpl

International students
For RPL information visit www.mq.edu.au/international/rpl

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Support for Learning

Macquarie University aspires to be an inclusive and supportive community of learners where all students are given the opportunity to meet their academic and personal goals. The University offers a comprehensive range of free and accessible student support services which include academic advice, counselling and psychological services, advocacy services and welfare advice, careers and employment, disability services and academic skills workshops amongst others. There is also a bulk billing medical service located on campus.

Further information can be found at www.students.mq.edu.au/support/

Campus Wellbeing contact details:
Phone: +61 2 9850 7497
Email: campuswellbeing@mq.edu.au
www.students.mq.edu.au/support/health_and_wellbeing/contact_us

Program Standards and Quality

The program is subject to an ongoing comprehensive process of quality review in accordance with a pre-determined schedule that complies with the Higher Education Standards Framework. The review is overseen by Macquarie University's peak academic governance body, the Academic Senate and takes into account feedback received from students, staff and external stakeholders.

Graduate Destinations and Employability Master of Commerce graduates can expect career opportunities in diverse industries. Roles can include:
• corporate governance risk officer
• financial crime analyst
• finance manager
• general manager
• management accountant
• management consultant
• market analyst
• marketing manager
• product development manager.

Employers:
• accounting and consulting firms
• large and small businesses
• business analyst firms
• financial institutions
• marketing and PR firms
• government organisations
• merchant bankers
• stockbrokers
• management consultancy firms.
Assessment Regulations

This program is subject to Macquarie University regulations, including but not limited to those specified in the Assessment Policy, Academic Honesty Policy, the Final Examination Policy and relevant University Rules. For all approved University policies, procedures, guidelines and schedules visit www.mq.edu.au/policy.

Accreditation This is an Australian Qualifications Framework (AQF) accredited qualification.

Professional accreditation with the Institute of Actuaries of Australia may be possible for students obtaining sufficiently high grades in the combination of units ACST831, ACST832 and ACST871. This would provide accreditation for the "part II" of the Institute Professional qualification. In addition sufficiently high grades in some of the other ACST postgraduate units may be used for accreditation / exemptions from some of the "Part I" core technical exams of the Institute.